Are'nt we having fun..

As expected yesterday's surpassing of r1 by the close triggered off a sell-off in the morning. This was also because of the bad durable goods numbers. Then B2 Bomber Ben spoke and became Helicopter Ben again. While he spoke, OEX pivot 633 held and you can see from the chart, longs were fired off. They were closed at 638ish level, having three tries to break it without success. This is also the all important area. Tomorrow's numbers are 639, 635 and 631. It is at the overbought area, although there should theorectically more room to go but scaling out of longs and position for shorts are in order.

2c